Q3 earnings season is about to kick off for online video game companies Activision Blizzard, Electronic Arts and Take-Two Interactive Software. In a new report, Credit Suisse analyst Stephen Ju gives his take on what shareholders should watch for when these three companies report.
Activision Blizzard
Ju believes the key drivers to the quarter will be “Destiny: The Taken King” and “Skylanders.” Credit Suisse has modeled 6.4 million and 5.4 million unit volume for the two games, respectively. Ju is also particularly interested in any updates to “Overwatch” that could come at the company’s first investor day in quite some time.
Credit Suisse maintained its Outperform rating and has raised its price target from $35 to $38.
Electronic Arts
According to Ju, the primary focus in the near-term will be…
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